Symbotic Inc.

Good day and thank you for standing by. Welcome to Symbotic Third Quarter Financial Results Conference Call. At this time, all participants are on a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message as light in your hand is raised. To withdraw your question, please press star 11 again. Please limit your questions to one question and one follow-up. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Charlie Anderson, Vice President of Investor Relations. Please go ahead.

Hello. Welcome to Symbiotics' third quarter of fiscal year 2026 financial results webcast. I'm Charlie Anderson, Symbiotics' Vice President of Investor Relations. Some of the statements that we make today regarding our business operations and financial performance may be considered forward-looking. Such statements are based on current expectations and assumptions that are subject to a number of risks and uncertainties. Actual results could differ materially. Please refer to our Form 10-K, including the risk factors. We undertake no obligation to update any forward-looking statements. In addition, during this call we will present both GAAP and non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures is included in today's earnings press release, which is distributed and available to the public through our investor relations websites located at ir.symbotic.com. On today's call, we are joined by Rick Cohen, Symbotic's founder, chairman, and chief executive officer, and Izzy Martin, Symbotic's chief financial officer. These executives will discuss our third quarter of fiscal year 2026 results and our outlook, followed by Q&A. With that, I'll turn it over to Rick to begin.

Rick? Thank you, Charlie. Good afternoon and thank you for joining us to review our most recent results and business updates. We delivered strong third quarter results highlighted by continued revenue growth and expanding margins leading to continued gap profitability and adjusted EBITDA that more than doubled year over year. Thanks to another strong quarter, we remain well on track to achieve the objectives we laid out at the start of the year. As a reminder, Our first objective was to leverage our growing product portfolio and capabilities to broaden our opportunities with customers. We're clearly seeing this play out as our break-pack product to handle individual items or each's has now begun deployment at half of Walmart's regional distribution centers. In addition, we recently began installation of our first SIM microsystem for e-commerce fulfillment at the back of a Walmart store, a significant step forward towards unlocking this exciting new category of our business. We're also continuing to drive additional value for our customers that have existing operational systems by providing higher levels of performance through software to further optimize their supply chains. A recent example is using our software to more intelligently layer pallets and dynamically optimize freight delivery specifically for seasonal events like back to school. By doing so, we believe our customers can realize shorter delivery times and faster restocking during these critical periods. We believe customers are increasingly recognizing the impact our systems can have and as a result, we are seeing additional opportunities to broaden the scope of our work with both existing and prospective customers. For example, in the third quarter, we signed an agreement with Southern Glaciers Wine and Spirits for a second site after the success of their first facility. Southern Glaciers is a leading total beverage distributor serving 47 US markets in Canada. As we drive additional value to customers, it is allowing us to realize the second objective we laid out at the beginning of the year, which was to enhance our margins and profitability. Our forecast for the year implies full year adjusted EBITDA that is more than double that of last fiscal year. This continues to be a key focus area for us, and we see clear levers to continue enhancing our profitability, driven by value creation for our customers, and further operational efficiencies. The final objective we laid out was to continue to invest in our innovation engine to expand our capabilities and support future growth. The analogy I often use here is that our automation system is like an operating system and we add apps to enhance its functionality for customers. For us, this is playing out both organically and inorganically. Organically, we are making several functionality upgrades to our SIM bots to enhance the performance of our system. For example, we deployed over 1,000 larger bots into our operational system this calendar year to handle a wider variety of SKUs. With this new bot, we've also built new modularized software development tools to give us enhanced flexibility to create different bots for different tasks and payloads, with our SIM microbot being a perfect example. We're also in the process of rolling out LiDAR, enhanced camera systems, Nibolt advanced batteries, and other updates, all with the aim of driving enhanced efficiency and performance for our systems. Inorganically, we've made two tuck-in technology acquisitions that expand our capabilities. Fox Robotics for dock automation, and most recently, Arms Innovations for warehouse operations optimization. With Arms, we have an opportunity to expand the reach of our software beyond our automation system to the entire warehouse operation, optimizing the movement of both equipment and people. In summary, we are focused on meeting our objectives and in turn creating braggingly happy customers and expanding shareholder value. We also continue to have a solid balance sheet and backlog. As always, I want to thank our team for all their hard work, along with our customers and our investors for their continued support. I'll now turn it over to Izzy, who will discuss our financial results and output. Izzy?